The Peruvian government also demands the Odebrecht-led consortium pay a $263m guarantee for failing to finance the project on time
Tag: Odebrecht
Posted inDaily Brief
Colombia looks to evict Odebrecht
ANI says it is working on the “definitive exit” of the Brazilian builder
Posted inDaily Brief
Fitch downgrades Odebrecht
Corruption investigations in Colombia, Ecuador, Panama and Peru will likely end in fines and lost revenues for the Brazilian builder, rating agency says
Posted inDaily Brief
ANI moves to annul Odebrecht concession
Brazilian builder allegedly made more than $10m in bribes to secure the contract for the Ruta del Sol 2 toll road
Posted inWeb Articles
Colombia moves to annul Odebrecht contract
Brazilian builder allegedly made more than $10m in bribes to secure the contract for the country’s Ruta del Sol 2 toll road
Posted inDaily Brief
Peru puts price tag on Odebrecht scandal
Brazilian builder’s bribes cost the Peruvian economy $283m, comptroller says
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Advent’s GTM buys quantiQ
Guatemala-based chemical products distributor pays $172m for Braskem’s stake in the petrochemical firm
Posted inWeb Articles
Peru says Odebrecht bribery scandal cost the economy $283m
The Brazilian builder has admitted to paying $29m in bribes to win public works contracts in Peru between 2005 and 2014
Posted inDaily Brief
Funcef considers stake sales
Brazilian pension fund could offload its participation in local mining company Vale, among other possible asset sales
Posted inWeb Articles
Peru wants Odebrecht to pay more than $25m to settle bribery case
President Pedro Pablo Kuczysnki says the company, which has admitted to paying $29m in bribes in Peru, could potentially pay an even higher amount in fines